--- **IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20230427-eurochem-suspended-the-construction-of-a-methanol-plant-in-kingisepp/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page. --- # EuroChem suspended the construction of a methanol plant in Kingisepp Publication Date: 2023-04-27T13:00:39-04:00 Last Updated: 2023-04-26T00:27:04-04:00 Author: Kirill Shakin (https://www.fertilizerdaily.com/author/shakinkirill/) Categories: [Corporate](https://www.fertilizerdaily.com/corporate/) ![EuroChem suspended the construction of a methanol plant in Kingisepp](https://www.fertilizerdaily.com/wp-content/uploads/2023/04/iStock-1129582253.jpg) The company is waiting for changes in the geopolitical situation. EuroChem has decided to suspend the construction of a methanol plant in Kingisepp (Leningrad region). The capacity of the enterprise could be 2.5 million tons. According to a source close to the company, as of today, the EuroChem project in Kingisepp has been suspended due to the current geopolitical situation. If the situation changes, the project can be resumed. In addition to the methanol plant, EuroChem planned to build a port terminal and a methanol pipeline. The cooperation agreement was signed between the authorities of the Leningrad region and the company in June 2021. The volume of investments amounted to 132 billion rubles (over $1.6 billion). The commissioning of the enterprise was planned for 2026. Tags: [EuroChem](https://www.fertilizerdaily.com/tag/eurochem/) --- **About Fertilizer Daily:** Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales. We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.